How Much Does 2016 Ford Transit Connect Car Insurance Cost?

Looking for the cheapest insurance rates for your Ford Transit Connect? Are you sick and tired of scraping nickels together to keep your car insured? You have the same problem as the majority of other vehicle owners.

Due to the abundance of different company options, it’s difficult to pick the lowest cost insurer.

You should make it a habit to get comparison quotes yearly because prices change frequently. Just because you found the lowest rates for Transit Connect insurance a couple years back other companies may now be cheaper. Forget all the misinformation about insurance because I’m going to let you in on the secrets to how to use the internet to save money, get proper deductibles and limits, all at the lowest rate.

How much does car insurance cost?

The are a couple different ways of comparing rates from many car insurance companies in your state. The easiest way by far to compare 2016 Ford Transit Connect insurance prices is to use the internet to compare rates. It is quite easy and can be accomplished in a couple minutes as outlined below.

  1. Experts agree that the best way consumers can make multiple comparisons is an all-inclusive rate comparison like this one (opens in new window). This style of form eliminates the need for boring form submissions for every car insurance company. One form will get you price quotes instantly.
  2. Another way to compare prices consists of going to each individual company website to request a price quote. For instance, let’s say you are doing a rate comparison from GEICO, Liberty Mutual and Progressive. You would be required to spend time on each company’s site and punch in your information repeatedly, which can be really labor intensive. To view a list of companies in your area, click here.
  3. The least efficient and most time consuming way to find and compare rates is calling or driving to and from local insurance agencies. Comparing rate quotes online can eliminate the need for a local agent unless you prefer the professional abilities that you can only get from talking to an agent. You can, however, price shop your coverage online but have a local agent actually write the policy.

However you get your quotes, ensure you’re using apples-to-apples coverage data for every company. If you enter differing limits it’s impossible to make an equal comparison. Just a small difference in coverages may result in a large different in cost. Just remember that comparing a wide range of rates gives you a better chance of getting better pricing.

Do you qualify for discounts?

Companies offering auto insurance don’t always publicize all their discounts in an easy-to-find place, so we took the time to find both well-publicized and the harder-to-find credits available to bring down your rates.

  • One Accident Forgiven – but some companies like Liberty Mutual, Allstate and State Farm permit an accident before raising your premiums if you have no claims prior to being involved in the accident.
  • College Student Discount – Children living away from home attending college and do not take a car to college can receive lower rates.
  • Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and qualify for as much as a 10% discount.
  • Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students well after school through age 25.
  • Discounts for Federal Employees – Federal government employees can save as much as 8% for Transit Connect insurance with certain companies.
  • Multi-policy Discount – If you can bundle your auto and homeowners insurance with the same insurance company you could save up to 20% off your total premium.

As is typical with insurance, most of the big mark downs will not be given the the whole policy. Most only apply to the cost of specific coverages such as comprehensive or collision. If you do the math and it seems like adding up those discounts means a free policy, that’s just not realistic.

Larger insurance companies and some of their more popular discounts are included below.

  • State Farm policyholders can earn discounts including driver’s education, defensive driving training, passive restraint, good driver, Drive Safe & Save, and Steer Clear safe driver discount.
  • GEICO may offer discounts for driver training, defensive driver, anti-theft, air bags, and federal employee.
  • Allstate may have discounts that include senior citizen, premier discount, teenSMART discount, utility vehicle, good payer, and farm vehicle.
  • SAFECO offers discounts for anti-theft, safe driver, multi-car, accident prevention training, homeowner, and bundle discounts.
  • Farm Bureau offers premium reductions for renewal discount, youthful driver, driver training, multi-vehicle, and safe driver.
  • Progressive offers discounts including good student, continuous coverage, multi-vehicle, online quote discount, online signing, multi-policy, and homeowner.
  • AAA has savings for multi-policy, education and occupation, good student, anti-theft, good driver, and multi-car.

Before buying, ask every prospective company which discounts you qualify for. Some of the discounts discussed earlier might not be offered in your area.

Don’t assume everyone needs the same insurance coverage coverage

When buying the best insurance coverage coverage, there isn’t really a one size fits all plan. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine if you may require specific advice.

  • What can I do if my company won’t pay a claim?
  • Are split liability limits better than a combined single limit?
  • Do I benefit by insuring my home with the same company?
  • When should I remove comp and collision on my 2016 Ford Transit Connect?
  • Can I afford low physical damage deductibles?
  • Am I covered if my car is in a flood?
  • When can I cancel my policy?
  • How much liability coverage do I need in my state?
  • Are my friends covered when driving my car?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Informed consumers can cut their insurance costs

Multiple criteria are used in the calculation when pricing auto insurance. Some are pretty understandable like an MVR report, but others are more obscure such as your marital status or your commute time.

  • Drivers with high credit save on insurance – A driver’s credit score is likely to be a major factor in calculating your premium rate. Drivers who have very good credit scores tend to be less risk to insure than drivers who have lower credit ratings. So if your credit history could use some work, you could be paying less to insure your 2016 Ford Transit Connect by spending a little time repairing your credit.
  • Getting married can save on insurance – Having a spouse may earn you lower rates compared to being single. Marriage is viewed as being more mature and responsible and insurance companies like that married couples file fewer claims.
  • Car and home together may be cheaper – Some insurers apply discounts to clients that have more than one policy. It’s known as a multi-policy discount. Discounts can be ten or even up to twenty percent in some cases. Even though this discount sounds good, you may still want to compare rates to make sure you are getting the best deal.
  • Get a ticket, pay higher prices – Whether or not you get tickets impacts your car insurance rates tremendously. Good drivers receive lower rates compared to drivers with tickets. Only having one chargable violation can bump up the cost by as much as twenty percent. Drivers who get flagrant violations such as reckless driving or DUI may find they need to file a SR-22 with their state’s licensing department in order to legally drive.
  • Where do you drive? – Driving more miles annually the more you’ll pay to insure your vehicle. Most insurance companies charge rates based upon how the vehicle is primarily used. Cars and trucks used primarily for pleasure use cost less to insure than those used for commuting. It’s a smart idea to ensure your insurance coverage is showing the right rating data, because it can save money. An incorrectly rated Transit Connect can result in significantly higher rates.
  • Do males or females drive better? – Over the last 30 years, statistics show that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. Men and women get in auto accidents at a similar rate, but the men tend to have more serious accidents. Not only are claims higher, but men get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly.
  • Reduce rates by driving cars with good safety ratings – Safer cars cost less to insure. Safe vehicles help reduce the chance of injuries in an accident and reduced instances of injuries translates directly to fewer claims which can mean better rates for you. If your Ford Transit Connect is rated at a minimum four stars on Safercar.gov it may cost less to insure.

Auto insurance coverages explained

Understanding the coverages of a auto insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. These are the usual coverages offered by auto insurance companies.

Liability

This provides protection from injuries or damage you cause to other people or property by causing an accident. It protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like funeral expenses, legal defense fees and pain and suffering. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive (Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hitting a bird, a tree branch falling on your vehicle and falling objects. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like X-ray expenses, surgery, funeral costs, hospital visits and nursing services. They are often utilized in addition to your health insurance plan or if you do not have health coverage. It covers you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Collision insurance

This will pay to fix damage to your Transit Connect resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as sideswiping another vehicle, backing into a parked car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Be a smart shopper

In this article, we presented a lot of ways to lower your 2016 Ford Transit Connect insurance rates. The key thing to remember is the more times you quote, the higher the chance of saving money. Consumers may even find the lowest rates are with some of the smallest insurance companies. These companies may have significantly lower auto insurance rates on certain market segments than the large multi-state companies such as Allstate or State Farm.

Budget-conscious 2016 Ford Transit Connect insurance can be sourced on the web as well as from independent agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance providers do not offer rates over the internet and most of the time these regional insurance providers sell through independent insurance agents.

When trying to cut insurance costs, don’t be tempted to reduce needed coverages to save money. In too many instances, someone sacrificed comprehensive coverage or liability limits only to regret at claim time they didn’t purchase enough coverage. Your goal should be to buy a smart amount of coverage at an affordable rate.

To learn more, feel free to browse the following helpful articles: